Our neighbor is currently building an ADU as well and, while there have been a handful of days that have been annoyingly loud, most days (90% of the time) it's barely noticeable. 

You would be just barely breaking even with reserves for maintenance and any future property management.ADU could definitely be icing on the cake.

We are also adding two bedrooms and two bathroom inside plus major face lift of the property and repipe.

I had two face to face meetings with him, and the rest is digital, phone, email, so distance shouldn't be an issue for you in Janesville area.Rob

Although this situation is causing be to barely break even, I am still living at no expense to myself.

Also, I see a lot of your posts (must be due to the notifications) can you tell us more about your marketing strategy sounds like you are getting a lot of calls from sellers facing foreclosure.

Thanks @Sandra LeiMost flood zones are political.For example we are policies for properties that are ocean facing and on islands all along the east coast that are considered low risk.

I want to house hack my first (investment) property, but i found out that most of the 2-4 units  multifamilies a) need big renovations b) are in not the good neighborhoods c) dont need renovations, are in Okay areas but are too expensive. so i was doing some research and found out that it is possible to withdraw my 401k in order to have a larger downpayment (FHA) to purchase a good multifamily that doesnt need renovations.

The things that make city life fun -- bars, restaurants, etc will not be as fun with face masks and social distancing over the next couple years.

What are the pros and cons you’ve faced?